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When accounting for the acquisition of a non?wholly owned subsidiary, the parent

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Question;When accounting for the acquisition of a non?wholly owned subsidiary, the parentcan use entity theory or parent company extension theory to account for thebusiness combination. Access the 2011 consolidated financial statements for BCEInc. by going to investor?s relations section of the company?s website. Answerthe questions below for 2011. Round percentages to one decimal point and otherratios to two decimal points. For each question, indicate where in the financialstatements you found the answer, and/or provide a brief explanation.(a) Which theory of consolidation is used to value non-controlling interest atthe date of acquisition?(b) What portion of the additions to property, plant, and equipment duringthe year came from business combinations, and what portion came fromdirect purchases?(c) What percentage of shareholders? equity at the end of the year pertains tonon-controlling interests?Requirements:Change ?For each question, indicate where in the financial statements you found the answer, and/or provide a brief explanation? to ?For each question, provide a brief explanation or identify the Note to the consolidated (audited) financial statements which provides explanatory support to your answer.?For part (b), ignore the effects of transfers, retirements, and disposals.For parts (b) and (c), round your answer to the nearest whole decimal place, for example, 9%.PDF attachment includes consolidated Financial Statements starts p57

 

Paper#52927 | Written in 18-Jul-2015

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